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New Deal


Announced

Completed

LDC completed the acquisition of a minority stake in Etrading Software.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Friendly

it services

United Kingdom

Acquisition

Domestic

Minority

Private

Completed

Single Bidder

IT Services: Other

Private Equity

Synopsis

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LDC, a private equity arm of Lloyds Banking Group, completed the acquisition of a minority stake in Etrading Software, a provider of technology-led solutions designed to assist financial institutions. Financial terms were not disclosed. “LDC’s investment will cement our position as one of the leading technology providers to global capital markets. One immediate benefit is to strengthen our proposition for creating a Consolidated Tape market data infrastructure for increased market transparency in the UK and Europe," Sassan Danesh, Etrading Software CEO.

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